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Information on Business Segments (Tables) | 12 Months Ended
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Dec. 31, 2014
Net Sales and Operating Income by Segment | The Company’s subsidiaries operate principally in the United States, Canada, Mexico, China and Western Europe.
(In millions) |  | 2014 |  |  | 2013 |  |  | 2012 |
Net sales: |  |  |  |  |  |  |  |  |  |  |  |
Cabinets |  | $ | 1,787.5 |  |  | $ | 1,642.2 |  |  | $ | 1,326.6 |
Plumbing |  |  | 1,331.0 |  |  |  | 1,287.0 |  |  |  | 1,100.7 |
Doors |  |  | 413.9 |  |  |  | 371.6 |  |  |  | 321.5 |
Security |  |  | 481.2 |  |  |  | 402.8 |  |  |  | 386.0 |
Net sales |  | $ | 4,013.6 |  |  | $ | 3,703.6 |  |  | $ | 3,134.8 |
(In millions) |  | 2014 |  |  | 2013 |  |  | 2012 |
Operating income (loss): |  |  |  |  |  |  |  |  |  |  |  |
Cabinets |  | $ | 137.9 |  |  | $ | 97.1 |  |  | $ | 20.5 |
Plumbing |  |  | 258.9 |  |  |  | 228.3 |  |  |  | 169.2 |
Doors |  |  | 29.2 |  |  |  | 15.3 |  |  |  | (1.3 | )
Security |  |  | 49.4 |  |  |  | 55.4 |  |  |  | 54.3 |
Less: Corporate expenses(a) |  |  | (71.9 | ) |  |  | (73.1 | ) |  |  | (99.5 | )
Operating income |  | $ | 403.5 |  |  | $ | 323.0 |  |  | $ | 143.2 |
(a) Below is a table detailing Corporate expenses: |  |  |  |  |  |  |  |  |  |  |  |
General and administrative expense |  | $ | (67.0 | ) |  | $ | (78.0 | ) |  | $ | (60.8 | )
Defined benefit plan income |  |  | 8.8 |  |  |  | 10.1 |  |  |  | 3.5 |
Recognition of defined benefit plan actuarial losses |  |  | (13.7 | ) |  |  | (5.2 | ) |  |  | (42.2 | )
Total Corporate expenses |  | $ | (71.9 | ) |  | $ | (73.1 | ) |  | $ | (99.5 | )
Total assets: |  |  |  |  |  |  |  |  |  |  |  |
Cabinets |  | $ | 1,603.6 |  |  | $ | 1,588.0 |  |  | $ | 1,248.5 |
Plumbing |  |  | 1,270.2 |  |  |  | 1,176.3 |  |  |  | 1,081.7 |
Doors |  |  | 459.3 |  |  |  | 462.0 |  |  |  | 473.3 |
Security |  |  | 528.5 |  |  |  | 361.8 |  |  |  | 341.7 |
Corporate |  |  | 110.7 |  |  |  | 185.9 |  |  |  | 305.7 |
Continuing operations |  |  | 3,972.3 |  |  |  | 3,774.0 |  |  |  | 3,450.9 |
Discontinued operations |  |  | 80.6 |  |  |  | 404.1 |  |  |  | 423.0 |
Total assets |  | $ | 4,052.9 |  |  | $ | 4,178.1 |  |  | $ | 3,873.9 |
(In millions) |  | 2014 |  |  | 2013 |  |  | 2012 |
Depreciation expense: |  |  |  |  |  |  |  |  |  |  |  |
Cabinets |  | $ | 31.0 |  |  | $ | 29.3 |  |  | $ | 38.8 |
Plumbing |  |  | 18.5 |  |  |  | 16.7 |  |  |  | 18.1 |
Doors |  |  | 11.7 |  |  |  | 11.4 |  |  |  | 12.3 |
Security |  |  | 10.0 |  |  |  | 8.2 |  |  |  | 8.2 |
Corporate |  |  | 2.0 |  |  |  | 1.3 |  |  |  | 1.5 |
Continuing operations |  |  | 73.2 |  |  |  | 66.9 |  |  |  | 78.9 |
Discontinued operations |  |  | 9.7 |  |  |  | 10.3 |  |  |  | 11.3 |
Depreciation expense |  | $ | 82.9 |  |  | $ | 77.2 |  |  | $ | 90.2 |
Amortization of intangible assets: |  |  |  |  |  |  |  |  |  |  |  |
Cabinets |  | $ | 8.0 |  |  | $ | 5.1 |  |  | $ | 3.3 |
Doors |  |  | 3.8 |  |  |  | 3.8 |  |  |  | 3.8 |
Security |  |  | 1.3 |  |  |  | 0.5 |  |  |  | 0.2 |
Continuing operations |  |  | 13.1 |  |  |  | 9.4 |  |  |  | 7.3 |
Discontinued operations |  |  | 2.8 |  |  |  | 3.8 |  |  |  | 3.8 |
Amortization of intangible assets |  | $ | 15.9 |  |  | $ | 13.2 |  |  | $ | 11.1 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Cabinets |  | $ | 64.0 |  |  | $ | 36.4 |  |  | $ | 27.7 |
Plumbing |  |  | 25.8 |  |  |  | 25.3 |  |  |  | 19.1 |
Doors |  |  | 10.9 |  |  |  | 7.3 |  |  |  | 10.2 |
Security |  |  | 16.2 |  |  |  | 12.6 |  |  |  | 10.5 |
Corporate |  |  | 4.8 |  |  |  | 2.5 |  |  |  | 0.2 |
Continuing operations |  |  | 121.7 |  |  |  | 84.1 |  |  |  | 67.7 |
Discontinued operations |  |  | 5.8 |  |  |  | 12.6 |  |  |  | 7.3 |
Capital expenditures, gross |  |  | 127.5 |  |  |  | 96.7 |  |  |  | 75.0 |
Less: proceeds from disposition of assets |  |  | (0.7 | ) |  |  | (2.2 | ) |  |  | (13.5 | )
Capital expenditures, net |  | $ | 126.8 |  |  | $ | 94.5 |  |  | $ | 61.5 |
Net sales by geographic region(a): |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 3,313.1 |  |  | $ | 3,046.5 |  |  | $ | 2,528.7 |
Canada |  |  | 405.8 |  |  |  | 413.2 |  |  |  | 400.5 |
China and other international |  |  | 294.7 |  |  |  | 243.9 |  |  |  | 205.6 |
Net sales |  | $ | 4,013.6 |  |  | $ | 3,703.6 |  |  | $ | 3,134.8 |
Property, plant and equipment, net(b): |  |  |  |  |  |  |  |  |  |  |  |
United States |  | $ | 429.1 |  |  | $ | 378.0 |  |  | $ | 369.9 |
Mexico |  |  | 72.5 |  |  |  | 50.8 |  |  |  | 32.3 |
Canada |  |  | 28.4 |  |  |  | 29.4 |  |  |  | 32.7 |
China and other international |  |  | 9.8 |  |  |  | 10.1 |  |  |  | 10.8 |
Property, plant and equipment, net |  | $ | 539.8 |  |  | $ | 468.3 |  |  | $ | 445.7 |
(a) | Based on country of destination
(b) | Purchases of property, plant and equipment not yet paid for as of December 31, 2014, 2013 and 2012 were $4.2 million, $0.2 million and $3.4 million, respectively.

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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8721-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8736-108599 + Details
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